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News round-up: Upbeat on LNG, tough times for Chinese shipbuilders and leveraging on technology
After several lean years prospects are looking good for the LNG sector again, Cyprus set out plans to grow a quality maritime sector, and the IMO agreed a ban on the carriage of heavy fuel oil come 2020.
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Kalyakan - stock.adobe.com
Double-digit annual growth in the LNG trade and fleet growth slipping to just 6% see good times ahead for LNG shipping:
Prospects are not quite so rosy though for Chinese shipbuilders with a tough road ahead predicted by Yangzijiang boss Ren Yuanlin:
Tough road ahead for Chinese yards: Yangzijiang
Definitely upbeat in an interview with Seatrade Maritime News was Cyprus Shipping Deputy Minister to the President, Natasa Pilides, talking about building a quality maritime cluster:
Cyprus Deputy Shipping Minister stresses quality and sophistication in growing maritime cluster
The IMO agreed a ban on the carriage of high sulphur fuel under the 2020 sulphur cap unless vessels are fitted with scrubbers:
IMO agrees to ban on carriage of high sulphur fuel in 2020
Meanwhile demand for scrubbers from shipowners continues to be strong:
Scrubbers boost Wärtsilä’s marine solutions orderbook
Columnist Michael Grey asked a lot of questions about a recent collision between a ro-ro ferry and empty containership:
How on earth did they manage that?
Ship manager OSM told Seatrade Maritime News how it is leveraging on technology:
OSM leveraging on technology to drive efficiencies and provide transparency
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